A structured risk scenario analysis framework and case study of reserve regulation in non-ferrous metal markets

Reserve regulation in non-ferrous metal markets is crucial for stabilizing the market supply and demand relationship and ensuring a stable supply and demand relationship. This study proposes a “Background-Action-Response” (BAR) framework for structured risk scenario analysis in metal markets. The co...

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Bibliographic Details
Published in:Procedia computer science 2024, Vol.242, p.326-331
Main Authors: Sheng, Yingjie, Shen, Yiran, Yang, Jiayue, Sun, Xiaolei
Format: Article
Language:English
Subjects:
Background-Action-Response (BAR) framework
Reserve regulation
Risk scenario analysis
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Summary:Reserve regulation in non-ferrous metal markets is crucial for stabilizing the market supply and demand relationship and ensuring a stable supply and demand relationship. This study proposes a “Background-Action-Response” (BAR) framework for structured risk scenario analysis in metal markets. The copper release event by China’s National Food and Strategic Reserves Administration in 2021 is used as a case study to analyze the effectiveness of the release behavior on market stability. The framework and methodology provided in this study offer decision-makers a systematic approach to identify and respond to risk scenarios in stockpiling and release decision analysis.
ISSN:1877-0509
1877-0509
DOI:10.1016/j.procs.2024.08.222